By Friday, nearby wheat, corn and soybean futures in Chicago had clawed back part of earlier November losses, yet wheat and corn remain lower month-to-date and year-to-date
Turkey returns to Russian wheat, Brazil and Argentina target record harvests, while China flags Brazilian soy and weather risks build from the Black Sea to South America
China’s renewed appetite for US soy, record Russian grain selling and rising South American weather risks pull global grain markets in opposite directions.
Global markets navigate record harvests, renewed US–China trade flows and intensifying South American weather risks as the year enters its most volatile phase
Trump’s U-turn on Brazilian food tariffs collides with record global harvests, export flurries and rising drought risks to keep grain markets finely balanced.
